AUD/JPY is testing a crucial support area as traders prepare for the BOJ’s next move.
The Australian dollar still has a few things going for it, including hawkish RBA expectations and resilient Chinese data, but tighter Japanese policy threatens positions funded with cheap yen.
With major central bank decisions approaching, guidance could matter more than the rate moves themselves.
Multi-Timeframe Technical Breakdown
AUD/JPY: Weekly
AUD/JPY Weekly Forex – Chart Faster with TradingView
The long-term trend on AUD/JPY is still bullish. The pair spent most of 2025 and 2026 climbing steadily, eventually reaching the 115.00 area before sellers stepped in. Both the 100 and 200 SMAs are still rising well below current levels, so the broader uptrend remains intact. Meanwhile, the RSI is sitting near 48, putting momentum firmly in neutral territory.
